π

Parliament has invited your views on the Turkana Oil FDP that we are considering currently. You should pay attention because this is Ruto’s biggest scandal yet. 1. The ownership of the Company that is to produce the oil (Gulf Energy, Formerly Tullow) changed names and hands multiple times in a matter of weeks. Days even. Your lawyer will tell you thats symptomatic of attempts to mask real ownership. It is telling that the current FDP was approved by government days after the last ownership changes. 2. The Original production contract has been varied a million times. Most notably on 25th November 2025 just days after the last ownership changes, to raise the maximum recoverable cost for petroleum production from the initial 55% to 85%. Kenyans will never see any real benefit from that oil. 3. On the same day Clause 27(2)(b) was amended to expand the definition of capital expenditure to include expenditure on labour, fuel, repairs, maintenance, hauling, mobilisation and supplies and materials relating to production, development, exploration and appraisal and decommissioning costs. We may basically never see a coin from our oil. 4. Crucially, we in the Senate passed the Local Content bill which requires the oil company to utilize locally available resources including labour and supplies. They have cleverly made the current agreement with Gulf exempt from such legislation. We don’t have leaders. We have dealers in government who don’t care about anything other than themselves.